Half Year 2022 ACS Actividades de Construccion y Servicios SA Earnings Call Transcript
Good morning, and thank you for joining this first half of 2022 results presentation. As always, we'll briefly analyze the key aspects of our results, which were released yesterday followed by a Q&A session.
The main figures of this first semester, sales increased by 15.6% to EUR 15.4 billion, above the pre-pandemic levels. We see significant positive currency impact due to the strengthening of the U.S. dollar. FX adjusted -- sales grew by 7.9%, thanks to the positive evolution of activities and regions.
Backlog raised EUR 69.2 billion, and with a positive evolution across region and activities, adjusted by FX backlog grew by 6.5%. Worth noting is the rebound of the U.S. backlog with 8.5% increase in local currency, thanks to the senior awards of a period in which first half of the year increased by 25%.
EBITDA reached EUR 816 million and EBIT stood at EUR 547 million, increased by 10.7% and 13.7%, respectively. All activities had a positive operating performance, especially highlighting the recovery of traffic of the highways of Abertis above pre
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